Financial Prerequisites for Facility NTPs Sample Clauses

Financial Prerequisites for Facility NTPs. 15.3.1 TxDOT shall have no obligation to issue a Facility NTP1 or Facility NTP2 if the security requirements set forth in Section 15.2 are not satisfied in full as of the date TxDOT would otherwise be prepared to issue the same. At the time for issuance of each Facility NTP1 or Facility NTP2, the amount of the security provided hereunder shall be adjusted to reflect any adjustments to the limitation of liability and any additional security required pursuant to the agreed Facility Implementation Plan.
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Related to Financial Prerequisites for Facility NTPs

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

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